How Long to Read Financial Inclusion Under the Microscope

How Long Does it Take to Read Financial Inclusion Under the Microscope?

It takes the average reader and 56 minutes to read Financial Inclusion Under the Microscope by Sumit Agarwal

Assuming a reading speed of 250 words per minute. Learn more

Description

We examine the impact of a large-scale microcredit expansion program on access to finance and the transition of first-time borrowers from microfinance institutions to the formal banking sector. Using administrative micro-data covering the universe of loans to individuals from a developing country, we show that the program significantly increased access to credit, particularly in less developed areas. This effect is driven by the newly set-up credit cooperatives (U-SACCOs), which grant loans to previously unbanked individuals. About 10\% of first-time U-SACCO borrowers that need a second loan switch to the formal banking sector, with commercial banks cream-skimming less risky borrowers from U-SACCOs and granting them larger, cheaper, and longer-term loans. These borrowers are not riskier than similar individuals already in the formal banking sector and only initially receive smaller loans. Our results suggest that the microfinance sector, together with a well functioning credit reference bureau, help mitigate information frictions in credit markets.

How long is Financial Inclusion Under the Microscope?

Financial Inclusion Under the Microscope by Sumit Agarwal is 55 pages long, and a total of 14,025 words.

This makes it 19% the length of the average book. It also has 17% more words than the average book.

How Long Does it Take to Read Financial Inclusion Under the Microscope Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 16 minutes to read Financial Inclusion Under the Microscope aloud.

What Reading Level is Financial Inclusion Under the Microscope?

Financial Inclusion Under the Microscope is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Financial Inclusion Under the Microscope?

Financial Inclusion Under the Microscope by Sumit Agarwal is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Financial Inclusion Under the Microscope by Sumit Agarwal on Amazon click the button below.